Joint press release from Both ENDS and Fossielvrij NL - 26 March 2019
A group of 22 wealthy Dutch investors have decided to disinvest all their personal capital, worth a total of 200 million euros, from the top 200 oil, gas and coal companies. The investors have pledged to disinvest all their capital from the fossil industry within three to five years. By doing so, they are giving a clear signal that they do not want their capital to contribute to disastrous climate change.
The world is turned upside down in this pandemic. Ordinary life is disrupted on our end. Many people suffer from the ‘polder lockdown’, although fortunately we have enough resilience and safety nets to meet our most urgent needs. Unfortunately, outside the Netherlands this all too often lacking. Especially in countries where public health structures are weak and where people are in a total lockdown. Because local communities that are shackled today may be hungry tomorrow. And aid and money does not naturally flow to the most vulnerable citizens there. So extra financial support is urgent.